
Los Angeles, California 90033
This property presents a High-Potential Investment Opportunity with a List Price of $649,900—positioned well above the $582,849 Fair Market Value by -11%. Featuring a Fair Condition Rating, this Duplex asset offers significant versatility for rental income or multigenerational living. While the infrastructure requires modernization, the 5,760-square-foot lot and proximity to the USC Keck Medical Campus provide strong long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a house-hack strategy in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2531 Pomeroy Avenue Subject 3 bd · 2 ba · 1,078 sqft · $541 | $649,900* List Price | 3 | 2 | 1,078 | $541 | - |
A 2812 Blanchard Sold 2 bd · 2 ba · 1,302 sqft · $507 · 0.4 mi | $660,000 | 2 | 2 | 1,302 | $507 | 0.4 mi |
B 2426 Medford Active 2 bd · 2 ba · 808 sqft · $741 · 0.7 mi | $599,000 List Price | 2 | 2 | 808 | $741 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1932, the main residence features dated interiors including tile flooring and kitchen cabinetry likely from a renovation over 20 years ago. While the rear unit is remodeled, the primary home uses older wall heaters and shows visible wear on exterior surfaces and systems, placing it in the category of needing minor repairs and modernization.
The property features two separate residences on a single lot, providing an excellent opportunity for rental income, multigenerational living, or a 'live-in-one, rent-the-other' strategy.
Situated near the USC Keck Medical Campus, LA General Medical Center, and Downtown LA, the home offers high demand for tenants and easy access to major employment hubs.
At 5,760 square feet, the lot is larger than many in the area, offering a spacious front yard and rare outdoor flexibility in a dense urban setting.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,078 total square feet distributed across four bedrooms and three bathrooms, the individual living spaces and rooms are likely quite small and may feel cramped.
Originally built in 1932, the property may require ongoing maintenance or significant updates to aging systems to meet modern standards.
Imagine slow mornings on your charming arched front porch, weekend gatherings in the spacious front yard, and the freedom of having two homes on one lot! Welcome to 2531 Pomeroy Avenue, a unique single-story Los Angeles property offering a total of 4 bedrooms and 3 bathrooms with incredible flexibility for multigenerational living or potential rental income! The front residence features 3 bedrooms and 2 bathrooms, while the remodeled rear residence offers 1 bedroom and 1 bathroom, complete with a comfortable living area, kitchenette, and generously sized closet, creating an inviting separate space for extended family, guests, or tenants. Picture keeping loved ones close while still enjoying your own privacy, living in one home while renting out the other, or exploring the investment possibilities of owning two homes on one property! Situated on a generous 5,760-square-foot lot, larger than many you'll find in Los Angeles, there's room to gather, entertain, and enjoy the outdoors. And let's talk about LOCATION! Conveniently located near the USC Keck Medical Campus, LA General Medical Center, Downtown Los Angeles, the vibrant Arts District, Mariachi Plaza, and the Metro E Line, this property puts major employment centers, entertainment, shopping, and transportation within easy reach! Enjoy nearby parks, local dining, and convenient freeway access, making commuting and exploring everything Los Angeles has to offer that much easier. Whether you're looking for a place to call home, an opportunity to generate rental income, or a property that accommodates multiple generations under one lot while maintaining separate living spaces, the possibilities here are exciting! With classic Los Angeles character, flexible living arrangements,NO HOA, NO SOLAR, and a desirable central location, this is an opportunity you won't want to miss. Two homes, one lot, and so many possibilities. Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,078 | 2,090.331 |
| Lot Size | 5,760 | 5,852.908 |
| Price | $649.9K | $830.9K |
| Price per sq ft | $603 | $394 |
| Built year | 1932 | 1928 |
| HOA | $0 | $0 |
| Days on market | 20 | 87 |
Oct 20, 2026
$649,900
Initial Listing